Monday, November 9, 2009

Bookkeeping: Covering Costco (COST) Short

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Costco (COST) has been a trooper and certainly many other stocks fared much worse during the downdraft in the week before last.  I am going to cover my short with a 4.6% loss... luckily this is a slow mover and it was a 1.4% allocation for much of the past 3-4 weeks.  That massive gap will have to fill on the other side of elation of constant money printing.




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